Depository institutions - Hutchinson encyclopedia article about Depository institutions Printer Friendly
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financial institution
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   Also found in: Financial, Wikipedia 0.06 sec.

financial institution

Business organization that has as its core business activity the management of money. Banks, building societies, and insurance and assurance companies are all examples of financial institutions.



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? Mentioned in ? References in periodicals archive
 
All depository institutions must hold a percentage of certain types of deposits as reserves in the form of vault cash, as a deposit in a Federal Reserve Bank, or as a deposit in a pass-through account at a correspondent institution.
The Federal Financial Institutions Examination Council (FFIEC) proposed guidance to help insured depository institutions improve their disclosure to customers with overdraft protection accounts (www.
The EDD defines depository institutions (including Federal Reserve banks, savings and loans, commercial banks, local branches and agencies of foreign banks and credit unions) as a segment of the Financial/Insurance/Real Estate industry, FIRE for short.
 
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